Long-term assets and liabilities and equity accounts

Question

Question 1: What internal controls components are common among long-term assets and liabilities, and equity accounts? What components are unique to each? How can an auditor assess these controls?

Question 2: What are the key management assertions related to long-term assets and liabilities? What are the most important assertions related to long-term assets and liabilities? How will auditors test these assertions?

Question 3: What are the key management assertions related to equity? What are the most important assertions related equity? How will auditors test these assertions?

Question 4: What are the key management assertions related to cash? What are the most important assertions related cash? How will auditors test these assertions?